| Like any other asset class, commodities take cues and direction from a variety of factors and developments in the world markets. Since these are raw materials, their core application is in the specific sectors that they are used in, but as they are traded on the global platform now, their role has expanded from a commodity to a trading and investment avenue, and an important asset class.
So, while the macroeconomic changes affect the commodity price movements, the movement in commodity prices also impacts the global economy, making it an inter-dependent global phenomena...............................................Full Article: Source
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